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Persistent link: https://www.econbiz.de/10013534476
This paper argues that the conventional definition of the elasticity of complementarity is not well suited to deal with … definition of the elasticity of substitution. …
Persistent link: https://www.econbiz.de/10011337999
This study aims to explain the variation in empirical estimates in the literature on the elasticity of foreign direct … appears to significantly affect the elasticity values. …
Persistent link: https://www.econbiz.de/10011346456
. Even at the intensive margin, we find that the elasticity for women exceeds that for men. For men and women in the … Netherlands, we predict an uncompensated labour supply elasticity of 0.1 (or 0.2 if an alternative specification is preferred) and …
Persistent link: https://www.econbiz.de/10011348713
Persistent link: https://www.econbiz.de/10003233519
labor supply elasticities were small, recent work has identified three key reasons that the aggregate elasticity may be …
Persistent link: https://www.econbiz.de/10013120287
This paper introduces a new methodology for the estimation of demand trade elasticities based on an import intensity-adjusted measure of aggregate demand, with the foundation of a stylized theoretical model. We compute the import intensity of demand components by using the OECD Input-Output...
Persistent link: https://www.econbiz.de/10013112619
to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … prices affect fleet fuel economy through two channels: (1) shifting new auto purchases towards more fuel-efficient vehicles … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …
Persistent link: https://www.econbiz.de/10012758243
We measure the impact of measurement error in labor-supply elasticities estimated over recalled usual work hours, as is ubiquitous in the literature. Employing hours of work in diaries collected by the American Time Use Survey, 2003-12, along with the same respondents' recalled usual hours, we...
Persistent link: https://www.econbiz.de/10012977624
the micro level means that the aggregate labour supply elasticity is not a structural parameter: any aggregate elasticity …
Persistent link: https://www.econbiz.de/10013019870